XRP is mirroring gold and silver trends ahead of major moves

crypthub

about 5 hours ago

Pattern Comparison

Analyst Steph_iscrypto says XRP is mirroring the multi‑year breakout patterns observed in gold and silver before major rallies. Charts show long consolidation under resistance followed by a decisive break above trendlines. He marks the current price zone as critical for a potential upward surge.

XRP Compression

Gold and silver charts display decade‑long bases that broke higher after breaching horizontal resistance, leading to new highs. XRP’s chart reflects an eight‑year compression with a rising support line and an ascending resistance trend. If the pattern aligns, a strong expansion could follow.

Community Views

Opinions are divided; some argue XRP lacks the scarcity of precious metals and is more vulnerable to regulation and geopolitics. Others see the similarity as a bullish signal with sizable upside. The analysis is technical, not financial advice, and readers should conduct their own research.